Common use of Proration of Benefits Clause in Contracts

Proration of Benefits. The following formula will be applied to regular part-time bargaining unit members when calculating their life insurance coverage, summer hours if a shortened work week is approved, vacation, sick leave, and other paid time off benefits: Two rates will be calculated for part-time employees for health insurance premiums. Employees who work 20 - 29 hours per week will receive 50 percent of the full-time benefit. Employees who work 30 - 39 hours per week will receive 75 percent of the full-time benefit.

Proration of Benefits. ‌ The following formula will be applied to regular part-time bargaining unit members when calculating their life insurance coverage, summer hours if a shortened work week is approved, vacation, sick leave, and other paid time off benefits: Two rates will be calculated for part-time employees for health insurance premiums. Employees who work 20 - 29 hours per week will receive 50 percent of the ofthe full-time benefit. Employees who work 30 - 39 hours per week will receive 75 percent of the full-full- time benefit.